Learn: How Web3 is Impacting Education?

Web3 is impacting the Education sector by bringing a shift from traditional pedagogical techniques to enhance output.
Web3 is a decentralized Internet powered by blockchain technology that provides extreme security, transparency, and immutability. Web3 is impacting the education sector through the digital medium. Students can now learn from anywhere and continue their education while moving around with tools such as AI, Metaverse, and ML that streamline access to knowledge.
Since the advent of Web3, it has begun to have an impact on a variety of industries, most recently the education sector. Web3 is the third generation of the internet, and it has the potential to completely transform the education ecosystem. Education in Web 1.0 was limited to the transfer of knowledge between teachers and students in educational institutions. The emphasis in Web2.0 shifted to centralized online education portals. Web3 uses a decentralized ecosystem with the elimination of the third party and uses network nodes to verify data. The use of Blockchain technology makes the system tamper-proof, allowing Web3 to securely store large amounts of data.
Web3 has either directly or indirectly rebuilt the core infrastructure of several industries. The education sector is gradually and steadily adapting to the same trend. The educational infrastructure now relies on the decentralization of data and resources in Web3. The impact of Web3 in education can be explained in various ways:
  1. 1.
    Strengthen Teaching Learning Process
Web3.0 technology aims to improve the teaching-learning process by utilizing technology’s full potential. Web3 will simplify access to the pool of knowledge for everyone, anywhere in the world, using tools such as AI, Metaverse blockchain, and IoT. Teachers will be able to create more engaging assignments with the help of technology.
Learners participate in content creation and online teaching will assist students in developing creative, analytical, and practical skills. Teachers can use Metaverse to transport students to virtual worlds while teaching concepts. IoT and AI can provide them with a more immersive and interactive learning experience. A rich online teaching experience is provided by the use of holoportation, holographic sharing, and an immersive visual experience.
  1. 2.
One of the most significant advantages of Web3 in the education sector is that it reduces time wasted by streamlining time-consuming processes. Students can save time by using Web3 to collect data. Web3 smart searches will suggest relevant blogs, videos, and resources to users without requiring much input.
  1. 3.
    Decentralized Education
The most visible examples of how blockchain can transform the education sector are digital documents. Moving away from paper-based documents and towards digital ones, institutes can store student information on a blockchain. Storing diplomas on a blockchain allows students to own and manage their academic achievements, allowing them to share them whenever and wherever they want.
  1. 4.
    Replacing Universities with DAOs
The process of sharing power and value with other organizations by schools, colleges, and universities has already begun via MOOCs. It is only a matter of time before educational DAOs are launched, completely transforming the system. Decentralized Autonomous Organizations have grown in importance in the finance domain. These organizations will assist students in becoming members of a community with similar ideas and interests. Participants are compensated financially for their contributions to the group.
  1. 5.
    Earn-and-Learn Opportunity
The ‘earn as you learn’ concept is supported by Web3.0. The technology fosters creativity in students and provides them with a platform to display it. Learners can easily become NFT creators and earn a good living. They are not required to follow any protocol or meet any age or educational requirements before donning their creative hats for such endeavors.
  1. 6.
    Regular Schooling Alternative
Micro-schooling and homeschooling will be encouraged by technology. Since the pandemic, homeschooling has grown in popularity all over the world. These ideas contribute to the formation of an interconnected network among parents, teachers, and students, encouraging active participation on their part. Web3 will make homeschooling more interactive by giving the modern teaching set up credibility.
  1. 7.
    Participating in Metaverse Classes
For example, schools could hold classes in the metaverse, and teachers could have a digital twin, an avatar that can enter digital spaces, in addition to physical classroom space. Students would feel more connected to the teacher if they had a digital twin while learning outside of the classroom. Students would also have a blockchain-based digital wallet where academic information would be stored throughout their K-12 experience.
  1. 8.
    Increasing Opportunities for Higher Education
The rising costs of higher education enabled several higher education to establish metaverses. Furthermore, Proof of Learn is a new Web3 platform aimed at making high-tech quality education available to students via blockchain. Their vision is for everyone who has access to the internet to be able to access online education. Students who learn in the metaverse will have NFT credentials and may receive cryptocurrency rewards.